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This paper summarizes the approaches to and the implications of bottom–up infrastructure modeling in the framework of the EMF28 model comparison "Europe 2050: The Effects of Technology Choices on EU Climate Policy". It includes models covering all the sectors currently under scrutiny by the...
Persistent link: https://www.econbiz.de/10011010743
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We discuss potential developments of the world natural gas industry through 2030. We use the World Gas Model (WGM), a multi-period strategic representation of the global natural gas sector, between 2005 and 2030. We specify a 'base case' and then analyse the sensitivity of the world natural gas...
Persistent link: https://www.econbiz.de/10009360036
Natural gas is a significant contributor to European energy supply. Hence, the political crisis between Russia and Ukraine increases fears of the consequences of Russia suspending natural gas supplies to Ukraine and the European Union. The last time this had occurred was in the winter of 2009...
Persistent link: https://www.econbiz.de/10010896090
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This paper presents results of simulating a more collusive behavior of a group of natural gas producing and exporting countries, sometimes called GASPEC. We use the World Gas Model, a dynamic, strategic representation of world gas production, trade, and consumption between 2005 and 2030. In...
Persistent link: https://www.econbiz.de/10004986607
We apply the EMF 23 study design to simulate the effects of the reference case and the scenarios to European natural gas supplies to 2025. We use GASMOD, a strategic several-layer model of European natural gas supply, consisting of upstream natural gas producers, traders in each consuming...
Persistent link: https://www.econbiz.de/10004986824
For the European Union to keep on track with its energy and climate targets, large investments are required in electricity generation, infrastructure and energy efficiency. The electricity sector takes the center stage. This article delivers an overview of several estimates of the investment...
Persistent link: https://www.econbiz.de/10010790566
The significance of natural gas is on the rise due to the restructuring and decarbonization of energy systems worldwide. Natural gas is widely available and flexible as it can be used in electricity generation, manufacturing, transport, and private households. Compared to other fossil fuels,...
Persistent link: https://www.econbiz.de/10010818208
In economic, technical and political terms, the security of energy supply is of the utmost importance for Europe. Alongside competition and sustainability, supply security represents a cornerstone of the EU’s energy policy, and in times of rising geopolitical conflict plays an increasingly...
Persistent link: https://www.econbiz.de/10011171005